Healthcare is one of the fastest growing industries in the world. The ability to accept different forms of payment, as well as the ability to access and transfer patient data via a single card, is more often becoming a requirement rather than a luxury. One of the largest issues pushing the industry to move to an electronic transaction-based system is fraud. It is estimated that $40 to $70 billion of the $1.4 trillion health care cost for Americans can be attributed to fraud.

Healthcare point of transaction systems must:

• Improve the efficiency and effectiveness of healthcare systems by standardizing the interchange of electronic data for specified administrative and financial transactions
• Protect the security and confidentiality of electronic health information
• Provide quick access to validate patient eligibility

Hypercom point of transaction terminals deliver medical data with the same security and speed as traditional financial transactions. Hypercom network devices seamlessly integrate the ability to translate and transport larger packets of information quickly and securely.